Zip lookup · MI

49040
Colon, Michigan.

Colon, Saint Joseph County, MI · Sturgis, MI metro · population 3,384

What it costs per month · 49040 $1,073/mo

to buy the typical home at today's mortgage rate — +$563 (+110%) since Jan 2020.

What the home itself did
1 year
Up $8,352 +4%
$196,050$204,402 since Sep 2025
5 years
Up $34,032 +20%
$170,370$204,402 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 49040 $1,073 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49040$1,073
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 19 years.

Typical home values in zip 49040 rose 4.3% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Saint Joseph County, MI 74% · Branch County, MI 26%

Zillow also publishes an index for the city itself: Colon, MI — measured over the city limits, which is a different area from this zip.

Typical home value $204,402 as of Sep 2026
+4.3%year on year

Typical home value — 49040

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 49040 $204,402 Sturgis $219,689 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 49040$204,402
  • Sturgis$219,689
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
4.7 49066 Leonidas 720 — $202,937
5.3 49089 Sherwood 2,154 — $154,572
7.5 49072 Mendon 2,937 — $211,086
7.8 49030 Burr Oak 2,650 — $204,760
10.1 49032 Centreville 3,287 — $239,255
10.2 49052 Fulton 1,234 — $255,973
10.6 49011 Athens 2,236 — $216,324
11.2 49028 Bronson 5,811 — $182,813
11.7 49091 Sturgis 19,337 — $210,436
11.9 49094 Union City 3,778 — $172,393
13.2 49097 Vicksburg 11,754 $1,600 $282,853
15.4 49051 East Leroy 2,787 — $293,111
15.9 49088 Scotts 3,807 — $323,798
16.0 49036 Coldwater 24,826 $1,282 $217,468
16.6 49093 Three Rivers 18,433 $1,300 $230,802
16.9 49029 Burlington 1,415 — $226,315
17.0 46746 Howe 4,697 — $264,917
18.2 49034 Climax 1,938 — $263,783
18.4 46776 Orland 1,547 — $226,552
19.5 49042 Constantine 4,564 — $215,914
20.0 49002 Portage 19,737 $1,949 $272,805

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.